54Valuation of improvements

54 Valuation of improvements (1) Subject to this Act, where, under this Act, a person is entitled to receive payment for or in respect of improvements on land, the Minister shall require the Valuer-General to determine the value of the improvements and the value so determined or, if the value is varied under this Act, the value as finally determined under this Act, is the value of those improvements for the purposes of ascertaining the amount payable to the person for or in respect of those improvements. (2) Where the Valuer-General, under subsection (1), determines the value of improvements, he or she shall give to the person entitled to be paid notice, in writing, of the value, together with a plan showing the improvements on the land.